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Some Facts about Password Utility

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HYPR Findings of Password Utility, How Many People Forgot and Reset Their Passwords

About 35% of the people note their passwords in Notebooks, Excel Files, Sticky Notes, etc. We are going to compare 2+ year of insights about human behaviour, how they use personal and work-related passwords.

All the online services require a password to access either personal or work-related. It causes more headache than security relief. Now HYPR released some data from over 500 full-time workers belong to the US and Canada. HYPR is the leading provider of True Password-less Security.

They collected the data of about two and a half year Password Usage Study. It will help us to understand better how people use and manage their passwords.

Yan Grinshtein, Head of User Experience at HYPR

He manages the personal expeditions; users have for the company’s enterprise-facing solutions. He split the test into two parts. In the first part, he observed workers purely to know how they use their passwords and rest them in their workplaces. The second part belonged to personal use of passwords like shopping, financial services and social media platforms.

About 72% of the individuals reprocess passwords in their personal life, out of which 28% of the people use unique passwords after a rest. While 49% of the employees merely change or add a character or digit to their password while updating company password and 51% create new passwords.

People who require a password reset because they forget it

    There are about 78% of the necessary interviewee a new password in their personal life within the past 90 days.
  • About 57% of the teste required a password reset in their work-life within 90 days.

    Users that manage the irresistible number of passwords

    • 37% of the assenter have over 20 passwords in their personal life.
    • 19 % of the assenter have over ten passwords in their work life.

      People who make physical and digital lists of passwords

      • 65% of the answerer use some apps or save a physical or digital record of passwords in their personal life.
      • 35% of people rely on their memory.
      • 35% use a physical list of passwords.
      • 30% of people use apps for saving their passwords in personal life.
      • 58% of the answerer use app, have digital or physical password lists in their work life.
      • 42% of people rely on memory.
      • 32% of people make a digital or physical list of passwords.
      • 26% use apps for password memorization.

        Statement of CEO and Co-founder of HYPR

        George Avetisov said:

        “As a society, we’re so accustomed to using passwords and shared secrets that we tend to overlook just how important user experience is and as the world evolves beyond passwords, we believe that true passwordless security delivered through the enterprise will rapidly eliminate the need for users to reuse, manage, reset or even think about passwords.”

        Result of HYPR findings

        It exposed three significant conclusions:

        • People don’t consider technology as an honorable thing. They don’t trust the third party to keep their password safe and secure and not to share them. It is due to the lack of knowledge of their presence and ambiguity of using them.
        • People prefer their memory to the device. A user cannot memorize that much number of the password. At the given moment, they most often fail to access the respective services.
        • Some of the people still believe in the traditional way of saving passwords on some note pad or piece of paper. However, there is a digital touch co-exist. People also use Word docs, emails, and spreadsheets etc.

          FAQs

          Well, in most of the cases they cannot memorize their password so need new ones. Also, when someone else accesses their password, due to the feel of insecurity people change their passwords.
          Yes, most of the applications are secure to use for saving our long list of passwords. There are some top 5 trustworthy applications for keeping passwords. LastPass, KeePass, RoboForm, 1Password.

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